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Paladin Energy Ord Shs PALAF

Energy
Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

Paladin Energy Ord Shs
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Post by bestioleon May 01, 2013 8:46am
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Post# 21323431

$1.60 Price Target at Raymond James

$1.60 Price Target at Raymond James

 

Equities researchers at Raymond James cut their target price on shares of Paladin Energy Limited (ASX: PDN) from A$2.00 ($2.06) to A$1.60 ($1.65) in a report issued on Tuesday, Stock Ratings Network.comreports. The firm currently has an “outperform” rating on the stock.

Shares of Paladin Energy Limited (ASX: PDN) traded down 0.66% during mid-day trading on Tuesday, hitting A$0.755. Paladin Energy Limited has a 52 week low of A$0.700 and a 52 week high of A$1.610. The stock’s 50-day moving average is currently A$0.91. The company’s market cap is A$631.7 million.

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